IPO · Real Estate & PropTech
Anarock files for ₹1,000 crore IPO
By Startup Enthusiast ·
- Date
- Company
- Anarock Property Consultants
- What it does
- Real estate advisory firm
- Kind
- IPO
- Amount
- ₹1,000 Cr
- Stage
- DRHP filed
- Based in
- Mumbai
- Founded
- 2017
- Sector
- Real Estate & PropTech
What they do
Anarock is a Mumbai real estate services firm covering transaction advice, leasing, management services and technology
What happened
It filed draft papers with the market regulator for an IPO of ₹550 crore fresh shares plus ₹450 crore sale
Why it matters
Profit rose 53% to ₹93.2 crore in FY26, and part of the money buys the rest of DSP Design Associates
The details
- Anarock filed its draft red herring prospectus on 30 September.
- The IPO is up to ₹1,000 crore.
- It has a ₹550 crore fresh issue and up to ₹450 crore sale by existing holders.
- A pre-IPO placement of up to ₹110 crore is possible.
The bigger picture
- It is a listing step for a large real estate services firm.
- Proceeds include ₹148 crore to buy the remaining stake in DSP Design Associates.
About the business
- Anarock is an independent real estate services company that advises on and sells property across homes, offices, hospitality and data centres.
- It works in four areas: transaction advisory (selling projects), leasing and investment advice, management services and technology tools.
- Its clients are developers, institutions, investors, corporates and government bodies.
- It earns money mainly from advisory fees and service contracts, charged when deals close or work is delivered.
- It is based in Mumbai and works across India, the Middle East and Singapore.
- For the year to March 2026 it reported revenue of about ₹882 crore and profit of about ₹93 crore.
What happens next
- Await regulator approval
- Possible pre-IPO placement
Investors
- 360 ONE (Selling shareholder)
Founders
- **Anuj Puri** (chairman) — former chairman and country head of JLL India; launched Anarock in June 2017. LinkedIn: https://in.linkedin.com/in/theanujpuri
- **Rohin Raja Shah** — co-founder and real estate veteran with experience in Indian and European markets; earlier managing director of UK-based Marylebone Asset Management.
Other articles talking about it
More on Anarock Property Consultants
- Anarock raises ₹200 crore from 360 ONE Asset6 February 2024 · Funding · ₹200 Cr
- Anarock acquires flexible workspace platform myHQ5 April 2022 · Acquisition
- Supreme Court backs Anarock in Amrapali sales dispute1 November 2021 · Policy
- ANB Capital merges into Anarock group8 May 2018 · Acquisition
- Anarock buys Redwoods Group's residential business30 August 2017 · Acquisition
- Anuj Puri launches Anarock property consultancy26 June 2017 · Launch · ₹300 Cr
Same day
- ACKO launches DriveCam, Clinic and AirPass1 October 2026 · Launch
- Aignosis raises ₹4 crore seed round1 October 2026 · Funding · ₹4 Cr
- Bessemer names Mayank Khanduja India partner1 October 2026 · People
- Fresh Bus FY26 revenue more than doubles1 October 2026 · Results
- Infinite Uptime partners Tech Mahindra on physical AI1 October 2026 · Partnership
- Kuku FM turns profitable as FY26 revenue jumps six-fold1 October 2026 · Results · ₹1,484 Cr